... Intelligence Unit (“JFIU”) • Set up in 1989 at Police HQs • Jointly operated by HKPF and C&E attached to NB • Not an Investigative Unit • Not a Reporting Centre • A member of FATF; APG & Egmont Gp.香 港警 察擁 有這 份資 料的 版權 Joint Financial Intelligence Unit Overview of JFIU Joint Financial Intelligence Unit (“JFIU...

... at this Asian Insurance Forum. Ladies and gentleman, in exploring the unique positioning and the key opportunities for the Hong Kong insurance industry, at home, in Asia and in the global market, and to set our discussion in proper respective, I am most - 6 - honoured to welcome the Chief Executive...

... negatively should a risk event occur and in what circumstances such impact would exceed the tolerance level set. Through qualitative and/or quantitative risk analysis, project owners would have a clearer idea on the risks they are facing and the level of protection they need. This facilitates their decision...

... set aside a lump sum of liquid assets for the specified term of a single-premium policy. 14. Members should include specific questions, where appropriate, asking for details of all existing long term insurance policy(ies) taken out by the client which is/are not matured, lapsed, or surrendered. In...

... recorded as such in the books and accounts. (3) Timely Book-keeping and Review of the Cover Given the 60-day Window for rectification, it is advisable for Members to keep their books and account up-to-date, and to set an earlier date for review of the limit after its commencement. The Annual Certification...

... multiple choice options in the suggested FNA form as set out in the Appendix. However, Member Companies may include additional questions and/or multiple choice options, if they consider that such will further enhance the suitability assessment for their own products. 2) Neither Member Companies nor...

... outsourcing arrangement is reassessed to be material, the insurer should notify the IA forthwith and take practical steps to address all the essential issues set out in this Guideline in a timely manner. For the avoidance of doubt, an authorized insurer should notify the IA of the information as mentioned in...

... shall include the Form of Disclosure set out below (i) in client agreements whether as a broker service agreement, brokers terms of business or similar, and where the validity period does not exceed three years and the express levels of fee or brokerage remuneration to be received by the Member are not...

..., registration or approval status, as the case may be, in Hong Kong and elsewhere, if any. Alternatively, it may set out conspicuously in a disclaimer the territory(ies) in which it does not intend to conduct insurance business. 4.3. As a general principle, insurance activities that are conducted from outside of...

... first year of the direct regulatory regime for licensed insurance agents and issues relating to authorized insurers As you will be aware, the new direct regulatory regime for licensed insurance intermediaries, as set out in the Insurance Ordinance (Cap. 41) (the “Ordinance”), has been in effect for just...